Sidomulyo Selaras (Indonesia) Market Value
| SDMU Stock | IDR 26.00 1.00 4.00% |
| Symbol | Sidomulyo |
Sidomulyo Selaras 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sidomulyo Selaras' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sidomulyo Selaras.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Sidomulyo Selaras on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Sidomulyo Selaras Tbk or generate 0.0% return on investment in Sidomulyo Selaras over 30 days. Sidomulyo Selaras is related to or competes with PT Indonesia, Surya Toto, Mitra Pinasthika, Integra Indocabinet, Multistrada Arah, Bhuwanatala Indah, and Mitrabara Adiperdana. More
Sidomulyo Selaras Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sidomulyo Selaras' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sidomulyo Selaras Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.63 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 16.03 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 7.41 |
Sidomulyo Selaras Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sidomulyo Selaras' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sidomulyo Selaras' standard deviation. In reality, there are many statistical measures that can use Sidomulyo Selaras historical prices to predict the future Sidomulyo Selaras' volatility.| Risk Adjusted Performance | 0.0326 | |||
| Jensen Alpha | 0.0728 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.3375 |
Sidomulyo Selaras Tbk Backtested Returns
Sidomulyo Selaras Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0012, which indicates the firm had a -0.0012% return per unit of risk over the last 3 months. Sidomulyo Selaras Tbk exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sidomulyo Selaras' Coefficient Of Variation of 2933.11, semi deviation of 2.62, and Risk Adjusted Performance of 0.0326 to confirm the risk estimate we provide. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sidomulyo Selaras' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sidomulyo Selaras is expected to be smaller as well. At this point, Sidomulyo Selaras Tbk has a negative expected return of -0.004%. Please make sure to validate Sidomulyo Selaras' information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Sidomulyo Selaras Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Sidomulyo Selaras Tbk has below average predictability. Overlapping area represents the amount of predictability between Sidomulyo Selaras time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sidomulyo Selaras Tbk price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Sidomulyo Selaras price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Sidomulyo Selaras Tbk lagged returns against current returns
Autocorrelation, which is Sidomulyo Selaras stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sidomulyo Selaras' stock expected returns. We can calculate the autocorrelation of Sidomulyo Selaras returns to help us make a trade decision. For example, suppose you find that Sidomulyo Selaras has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sidomulyo Selaras regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sidomulyo Selaras stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sidomulyo Selaras stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sidomulyo Selaras stock over time.
Current vs Lagged Prices |
| Timeline |
Sidomulyo Selaras Lagged Returns
When evaluating Sidomulyo Selaras' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sidomulyo Selaras stock have on its future price. Sidomulyo Selaras autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sidomulyo Selaras autocorrelation shows the relationship between Sidomulyo Selaras stock current value and its past values and can show if there is a momentum factor associated with investing in Sidomulyo Selaras Tbk.
Regressed Prices |
| Timeline |
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Sidomulyo Selaras financial ratios help investors to determine whether Sidomulyo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sidomulyo with respect to the benefits of owning Sidomulyo Selaras security.